FERNWOODS CONDO NO 2 BLDG

506 NW 87th Ave # 406, Miami FL 33172

2 beds · 2 baths · 1,194 ft²

Closed

$325,000

Est. Payment $1,730/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,194

Sq. Ft.

1974

Year Built

4

Stories

57

Days on Market

Description

Top-floor condo with spectacular lakefront views! Located just minutes from FIU, Miami International Airport, Dolphin Mall, and International Mall, and within walking distance to Walmart and nearby shops. This bright and spacious unit features a soaring-ceiling living area, a well-sized kitchen, and a large screened balcony perfect for relaxing or entertaining. Completely remodeled unit. Community amenities include a pool, barbecue area, and more. The building has passed the 40-year inspection and features a new roof and updated elevator.

Facts

MLS#
A11923680
Subdivision
FERNWOODS CONDO NO 2 BLDG
Property Type
Residential
Property Sub Type
Condominium
Year Built
1974
Lot Size
0 sqft
Sq. Ft.
1,194 ft²
Sq. Mt.
111 m²
Price per sq. ft.
$272/ft²
Price per sq. mt.
$2,928/m²
Stories
4
Garage
Pool
Days on Market
57 days
Listed
Dec 2, 2025
Last Updated
Mar 13, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

47

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/13/2026Sold$325,000
12/2/2025Listed for sale$325,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

506 NW 87th Ave # 406, Miami FL 33172Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$2,151/mo

Principal & Interest

$1,730

Property Tax

$271

Insurance

$150

HOA

$0

20% ($65,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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